The global Graphic Processing Unit (GPU) Market size was estimated at USD 89,430 million in 2024 and is projected to reach USD 70,8399.2 million in 2031 at a CAGR of 34.40 % during the forecast period 2025-2031.
The Graphic Processing Unit (GPU) market refers to the industry focused on the development, manufacturing, and distribution of GPUs, which are specialized hardware components primarily used for rendering images and video. GPUs have evolved beyond their initial role in graphics rendering, with modern units now being utilized in diverse fields such as artificial intelligence, machine learning, copyright mining, and scientific computing.
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Key drivers of the GPU market include the surge in demand for high-quality gaming experiences, the rapid advancements in AI and deep learning, and the expansion of cloud-based services. Additionally, the rise of copyright mining has created a significant market for high-performance GPUs, which are essential for efficiently solving complex cryptographic puzzles.
Key Findings:
Discrete GPUs are standalone graphics cards that provide high performance, often used in gaming, professional workstations, and high-end computing applications. These GPUs offer superior processing power and are preferred for demanding tasks such as 3D rendering, AI workloads, and real-time gaming.
The applications segment of the GPU market includes diverse sectors, each benefiting from GPU technology in unique ways. Mobile devices are a rapidly growing segment, with GPUs being crucial for powering high-quality gaming experiences, multimedia applications, and augmented reality (AR) in smartphones and tablets.
Recent Developments
- In January 2024, NVIDIA introduced the GeForce RTX 40 SUPER Series of GPUs, which includes the GeForce RTX 4080 SUPER, GeForce RTX 4070 Ti SUPER, and GeForce RTX 4070 SUPER. These GPUs, based on the latest Ada Lovelace architecture, are designed to enhance gaming experiences and drive AI-powered PCs, delivering up to 52 shader TFLOPS, 121 RT TFLOPS, and 836 AI TOPS, enabling the development of immersive entertainment worlds and advanced experiences.
- In November 2023, VMware Inc. teamed up with Intel Corporation to promote innovation in AI across various environments, including data centres, public clouds, and Edge. Their collaboration combines VMware Cloud Foundation with Intel's AI software suite, Intel Xeon processors featuring built-in AI accelerators, and Intel Max Series GPUs to provide a validated AI stack.
Competitive Landscape
- Advanced Micro Devices, Inc.
- Amazon Web Services Inc.
- ARM Holding
- Autodesk Inc.
- Imagination Technologies Group
- Intel Corporation
- Microsoft Corporation
- Nvidia Corporation
- Qualcomm Technologies
- Samsung Electronics Co. Ltd.
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Regional Analysis:
North America to Dominate the Market
Asia Pacific holds a significant share of the global graphics processing unit (GPU) market and is expected to experience substantial growth in the coming years. Mobile gaming is a dominant force in the region, with a large percentage of gamers playing on smartphones. India, as the largest gaming market, has a user base of over 560 million gamers and contributes a significant portion of global mobile game downloads.
The United States remains a major market for cloud gaming, with platforms such as NVIDIA GeForce NOW, Google Stadia, and Microsoft xCloud allowing users to stream high-quality games without the need for powerful local hardware.
In Europe, the automotive sector is witnessing a surge in demand for high-performance GPUs due to significant investments in autonomous vehicles and Advanced Driver Assistance Systems (ADAS) by major manufacturers like BMW, Volkswagen, Daimler, and Volvo.
The Graphic Processing Unit (GPU) Market is segmented into various segments such as Type, Applications and Region.
Based on Type
- Discrete GPU
- Integrated GPU
- Hybrid GPU
Based on Applications
- Mobile Devices
- PCs and Workstations
- Servers/Data Centres
- Automotive/Self-driving Vehicles
- Gaming Consoles
- Other Applications
Based on region:
- Asia Pacific
- North America
- Europe
- South America
- Middle East & Africa
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